Nawah Energy Company (Nawah), the company tasked with operating the UAE's first nuclear power reactors, has finalised the appointments to its board.
The newly-formed company, a joint venture between the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), is chaired by Saeed Fadhel Al Mazrooei, a statement said.
It added that David Scott has been appointed as vice chairman along with board members Mohamed Al Hammadi, Ahmed Mohamed Al Rumaithi, Fatima Mohamed Al Shamsi, Ahmed Matar Al Mazrouei, Dr Arif Sultan Al Hammadi, with Jong Hyuck Park and Jong Hun Tae as representatives of KEPCO.
The board of directors is mandated to govern the performance of Nawah Energy Company and is responsible for holding the Nawah CEO accountable for the company’s performance to the highest nuclear safety standards and for operating and maintaining the Barakah Nuclear Power Plant in Abu Dhabi.
“I am pleased to be taking part in this world class nuclear program at such an exciting time. Nawah has been mandated to operate and maintain Units 1 – 4 at the Barakah Nuclear Power Plant to provide the UAE with a safe, reliable and sustainable source of low-carbon electricity to power the growth of the nation,” said Al Mazrouei.
Once fully operational, these four reactors will generate up to 25 percent of the UAE’s electricity requirements, while the 5,300MW plant is also expected to save millions of tons of carbon dioxide emissions annually.
Nawah’s acting CEO, Mohammed Sahoo AlSuwaidi said: “Our goal is that from 2020 onwards, Nawah Energy Company will fully operate the four nuclear reactors, safely, reliably and efficiently, to deliver the vision of the UAE’s peaceful nuclear energy program.”For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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